Albanese Cormier Holdings, LLC - Beaumont, TX
350 Pine St Suite 800 Beaumont, TX 77701 (409) 892-0200
Albanese Cormier Holdings is a privately held commercial real estate investment firm founded in 2001 and headquartered in Beaumont, Texas. The company focuses on acquiring, managing, leasing, and developing retail shopping centers, office properties, and industrial assets in secondary and tertiary markets across the United States. The firm operates under a value-add investment strategy, targeting undervalued properties with potential for improvement through operational enhancements and strategic repositioning. The company's retail portfolio emphasizes convenience strip centers and mixed-use developments featuring daily-needs tenants and service-oriented businesses. Michael Albanese and Thomas Cormier serve as Principals, with Albanese overseeing strategic planning, acquisitions, and portfolio operations, while Cormier manages all financial aspects of the organization. In 2023, the firm brought on Clinton Mitchell as Chief Investment Officer to lead strategic investment and transaction activity. The company has built a national footprint through an active acquisitions program, with recent expansion into new markets including Wisconsin, Michigan, Ohio, West Virginia, Alabama, and Indiana. The portfolio spans more than 6 million square feet across 52 properties in approximately 25 states, with holdings concentrated in Midwest and Southeast markets where the firm maintains existing operations.
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